Should I buy or sell Evolution Petroleum stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evolution Petroleum in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EPM shares. View EPM analyst ratings or view top-rated stocks .

What is Evolution Petroleum's stock price target for 2024?

1 brokers have issued 12 month target prices for Evolution Petroleum's shares. Their EPM share price targets range from $8.25 to $8.25. On average, they expect the company's stock price to reach $8.25 in the next year. This suggests a possible upside of 47.1% from the stock's current price. View analysts price targets for EPM or view top-rated stocks among Wall Street analysts .

How have EPM shares performed in 2024?

Evolution Petroleum's stock was trading at $5.68 at the beginning of 2024. Since then, EPM stock has decreased by 1.2% and is now trading at $5.61. View the best growth stocks for 2024 here .

Are investors shorting Evolution Petroleum?

Evolution Petroleum saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 963,800 shares, a decline of 12.4% from the March 15th total of 1,100,000 shares. Based on an average trading volume of 337,300 shares, the short-interest ratio is presently 2.9 days. Currently, 3.2% of the company's stock are sold short. View Evolution Petroleum's Short Interest .

How were Evolution Petroleum's earnings last quarter?

Evolution Petroleum Co. (NYSEAMERICAN:EPM) issued its quarterly earnings data on Tuesday, February, 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.07. The energy company earned $21.02 million during the quarter, compared to the consensus estimate of $23.67 million. Evolution Petroleum had a net margin of 17.25% and a trailing twelve-month return on equity of 18.44%.

How often does Evolution Petroleum pay dividends? What is the dividend yield for Evolution Petroleum?

Evolution Petroleum declared a quarterly dividend on Tuesday, February 6th. Shareholders of record on Friday, March 15th will be given a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.56%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for EPM .

Is Evolution Petroleum a good dividend stock?

Evolution Petroleum (NYSEAMERICAN:EPM) pays an annual dividend of $0.48 per share and currently has a dividend yield of 8.15%. EPM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EPM will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for EPM .

What ETF holds Evolution Petroleum's stock?

Inspire Fidelis Multi Factor ETF holds 70,836 shares of EPM stock, representing 1.08% of its portfolio.

What other stocks do shareholders of Evolution Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evolution Petroleum investors own include Reata Pharmaceuticals (RETA) , Advanced Micro Devices (AMD) , Approach Resources (AREX) , Trevena (TRVN) , Vivint Solar (VSLR) , Chimerix (CMRX) , Genocea Biosciences (GNCA) and LightPath Technologies (LPTH) .

Who are Evolution Petroleum's major shareholders?

Evolution Petroleum's stock is owned by many different institutional and retail investors. Top institutional investors include Register Financial Advisors LLC (0.83%). View institutional ownership trends .

How do I buy shares of Evolution Petroleum?

Shares of EPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:EPM

Evolution Petroleum (EPM) Stock Price, News & Analysis

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$5.59

-0.22 (-3.79%)

(As of 04/17/2024 ET)

Compare

Today's Range: $5.58
▼
$5.85
50-Day Range: N/A
52-Week Range: $5.00
▼
$10.11

Volume: 332,981 shs
Average Volume: 332,563 shs
Market Capitalization: $187.04 million

P/E Ratio: 11.65
Dividend Yield: 8.59%
Price Target: $8.25

Get Evolution Petroleum alerts:

Evolution Petroleum MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.1% Upside
$8.25 Price Target
Short Interest: Healthy
3.18% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.25
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 182.35%
From $0.17 to $0.48 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Evolution Petroleum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Evolution Petroleum has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.18% of the float of Evolution Petroleum has been sold short.
Short Interest Ratio / Days to Cover
Evolution Petroleum has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Evolution Petroleum has recently decreased by 12.38%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Evolution Petroleum is a leading dividend payer. It pays a dividend yield of 8.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Evolution Petroleum does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Evolution Petroleum is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Evolution Petroleum will have a dividend payout ratio of 100.00% in the coming year. This indicates that Evolution Petroleum may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EPM.

4.0

News and Social Media Coverage

News Sentiment
Evolution Petroleum has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Evolution Petroleum this week, compared to 4 articles on an average week.
Search Interest
26 people have searched for EPM on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 30 days.
MarketBeat Follows
8 people have added Evolution Petroleum to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Evolution Petroleum insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.70% of the stock of Evolution Petroleum is held by insiders.
Percentage Held by Institutions
60.07% of the stock of Evolution Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Evolution Petroleum are expected to grow by 182.35% in the coming year, from $0.17 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Evolution Petroleum is 11.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Evolution Petroleum is 11.69, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.42.
Price to Book Value per Share Ratio
Evolution Petroleum has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Evolution Petroleum Stock (NYSEAMERICAN:EPM)

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of approximately 13,636 acres located in Northeast Louisiana. The company also holds interests in the Hamilton Dome field covering 5,908 acres located in Hot Springs County, Wyoming; Barnett Shale field covering an area of 123,777 acres located in North Texas; Williston Basin covering an area of 145,743 acres located in North Dakota; Jonah Field covering an area of 5,280 acres located in Sublette County, Wyoming; and small overriding royalty interests in four onshore central Texas wells. Evolution Petroleum Corporation was founded in 2003 and is based in Houston, Texas.

EPM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EPM Stock News Headlines

April 17, 2024 | americanbankingnews.com

Roth Capital Weighs in on Evolution Petroleum Co.'s Q1 2025 Earnings (NYSEAMERICAN:EPM)

April 17, 2024 | finance.yahoo.com

Evolution Petroleum Corporation (EPM)

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April 8, 2024 | americanbankingnews.com

Evolution Petroleum Co. Expected to Earn Q1 2025 Earnings of $0.06 Per Share (NYSEAMERICAN:EPM)

April 3, 2024 | msn.com

Evolution Petroleum (EPM) Flat As Market Gains: What You Should Know

March 7, 2024 | globenewswire.com

Evolution Petroleum to Participate in Water Tower Research Fireside Chat and Provides Update on SCOOP/STACK and Chaveroo Operations

February 26, 2024 | investorplace.com

Under the Radar: 3 Overlooked Stocks Ready to Dominate the Market

February 21, 2024 | wsj.com

Evolution Petroleum Corp.

April 17, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

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February 16, 2024 | investorplace.com

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February 8, 2024 | finance.yahoo.com

Evolution Petroleum Corporation (AMEX:EPM) Q2 2024 Earnings Call Transcript

February 7, 2024 | msn.com

Evolution Petroleum Announces Q3 Dividend Payout

February 6, 2024 | finance.yahoo.com

Evolution Petroleum (EPM) Q2 Earnings and Revenues Miss Estimates

February 6, 2024 | finance.yahoo.com

Evolution Petroleum Reports Second Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Third Quarter

February 6, 2024 | msn.com

Evolution Petroleum declares $0.12 dividend

February 1, 2024 | finance.yahoo.com

Expect an Earnings Beat From These 4 Energy Companies in Q4

January 31, 2024 | finance.yahoo.com

Evolution Petroleum Schedules Fiscal Second Quarter 2024 Earnings Release and Conference Call

January 30, 2024 | finance.yahoo.com

Evolution Petroleum (EPM) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

January 29, 2024 | msn.com

Evolution Petroleum (EPM) Rises Higher Than Market: Key Facts

January 25, 2024 | finance.yahoo.com

Murphy Oil (MUR) Lags Q4 Earnings Estimates

January 23, 2024 | finance.yahoo.com

Evolution Petroleum (EPM) Stock Dips While Market Gains: Key Facts

January 17, 2024 | msn.com

Evolution Petroleum (EPM) Sees a More Significant Dip Than Broader Market: Some Facts to Know

January 11, 2024 | finance.yahoo.com

Evolution (EPM) Expands Asset Base, Signs $43.5M Contract

January 10, 2024 | seekingalpha.com

Evolution Petroleum: The Strategy Changes As Evolution Grows

January 10, 2024 | finanznachrichten.de

Evolution Petroleum Corporation: Evolution Petroleum Announces Acquisition of Non-operated Oil and Gas Assets

January 9, 2024 | msn.com

Evolution Petroleum to buy Oklahoma oil and gas assets in $43.5M deal

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/17/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Current Symbol: NYSEAMERICAN:EPM
Previous Symbol: NYSE:EPM
CUSIP: 30049A10
CIK: 1006655
Web: www.evolutionpetroleum.com
Phone: (713) 935-0122
Fax: 713-935-0199
Employees: 11
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.25
High Stock Price Target: $8.25
Low Stock Price Target: $8.25
Potential Upside/Downside: +46.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.48
Trailing P/E Ratio: 11.73
Forward P/E Ratio: 33.12
P/E Growth: N/A
Net Income: $35.22 million
Net Margins: 17.25%
Pretax Margin: 22.52%
Return on Equity: 18.44%
Return on Assets: 12.97%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.46
Quick Ratio: 1.46

Sales & Book Value

Annual Sales: $128.51 million
Price / Sales: 1.47
Cash Flow: $1.37 per share
Price / Cash Flow: 4.11
Book Value: $2.77 per share
Price / Book: 2.03

Miscellaneous

Outstanding Shares: 33,460,000
Free Float: 30,880,000
Market Cap: $188.38 million
Optionable: Not Optionable
Beta: 0.89

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Key Executives

Mr. Robert Stevens Herlin (Age 69)
Co-Founder & Non-Executive Chairman
Comp: $135.51k
Mr. Kelly W. Loyd (Age 50)
CEO, President & Director
Comp: $669.93k
Mr. Ryan Stash (Age 48)
Senior VP, CFO, Secretary, Compliance Officer & Treasurer
Comp: $492.51k
Mr. J. Mark Bunch (Age 65)
Chief Operating Officer
Comp: $178.15k
Ms. Kelly M. Beatty (Age 40)
Chief Accounting Officer & Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

EPM Stock Analysis - Frequently Asked Questions

Should I buy or sell Evolution Petroleum stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evolution Petroleum in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EPM shares.
View EPM analyst ratings or view top-rated stocks.
What is Evolution Petroleum's stock price target for 2024?: 1 brokers have issued 12 month target prices for Evolution Petroleum's shares. Their EPM share price targets range from $8.25 to $8.25. On average, they expect the company's stock price to reach $8.25 in the next year. This suggests a possible upside of 47.1% from the stock's current price.
View analysts price targets for EPM or view top-rated stocks among Wall Street analysts.
How have EPM shares performed in 2024?: Evolution Petroleum's stock was trading at $5.68 at the beginning of 2024. Since then, EPM stock has decreased by 1.2% and is now trading at $5.61.
View the best growth stocks for 2024 here.
Are investors shorting Evolution Petroleum?: Evolution Petroleum saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 963,800 shares, a decline of 12.4% from the March 15th total of 1,100,000 shares. Based on an average trading volume of 337,300 shares, the short-interest ratio is presently 2.9 days. Currently, 3.2% of the company's stock are sold short.
View Evolution Petroleum's Short Interest.
How were Evolution Petroleum's earnings last quarter?: Evolution Petroleum Co. (NYSEAMERICAN:EPM) issued its quarterly earnings data on Tuesday, February, 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.07. The energy company earned $21.02 million during the quarter, compared to the consensus estimate of $23.67 million. Evolution Petroleum had a net margin of 17.25% and a trailing twelve-month return on equity of 18.44%.
How often does Evolution Petroleum pay dividends? What is the dividend yield for Evolution Petroleum?: Evolution Petroleum declared a quarterly dividend on Tuesday, February 6th. Shareholders of record on Friday, March 15th will be given a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.56%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for EPM.

Is Evolution Petroleum a good dividend stock?: Evolution Petroleum (NYSEAMERICAN:EPM) pays an annual dividend of $0.48 per share and currently has a dividend yield of 8.15%. EPM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EPM will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for EPM.
What ETF holds Evolution Petroleum's stock?: Inspire Fidelis Multi Factor ETF holds 70,836 shares of EPM stock, representing 1.08% of its portfolio.
What other stocks do shareholders of Evolution Petroleum own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Evolution Petroleum investors own include Reata Pharmaceuticals (RETA), Advanced Micro Devices (AMD), Approach Resources (AREX), Trevena (TRVN), Vivint Solar (VSLR), Chimerix (CMRX), Genocea Biosciences (GNCA) and LightPath Technologies (LPTH).
Who are Evolution Petroleum's major shareholders?: Evolution Petroleum's stock is owned by many different institutional and retail investors. Top institutional investors include Register Financial Advisors LLC (0.83%).
View institutional ownership trends.
How do I buy shares of Evolution Petroleum?: Shares of EPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:EPM) was last updated on 4/17/2024 by MarketBeat.com Staff

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